Robert Sumas Sells 943 Shares of Village Super Market, Inc. (NASDAQ:VLGEA) Stock

Village Super Market, Inc. (NASDAQ:VLGEA) major shareholder Robert Sumas sold 943 shares of the company’s stock in a transaction on Tuesday, April 8th. The stock was sold at an average price of $36.21, for a total value of $34,146.03. Following the sale, the insider now owns 93,988 shares of the company’s stock, valued at approximately $3,403,305.48. This represents a 0.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Robert Sumas also recently made the following trade(s):

• On Friday, April 11th, Robert Sumas sold 400 shares of Village Super Market stock. The shares were sold at an average price of $35.95, for a total value of $14,380.00.

Village Super Market Trading Down 1.6 %

VLGEA opened at $35.05 on Wednesday. The company has a market cap of $516.88 million, a P/E ratio of 10.10 and a beta of 0.42. The company has a current ratio of 1.13, a quick ratio of 0.86 and a debt-to-equity ratio of 0.18. The company’s 50 day moving average is $34.20 and its 200-day moving average is $32.57. Village Super Market, Inc. has a 1-year low of $24.57 and a 1-year high of $38.70.

Village Super Market (NASDAQ:VLGEA) last issued its earnings results on Tuesday, March 4th. The company reported $1.14 earnings per share for the quarter. The firm had revenue of $599.65 million for the quarter. Village Super Market had a net margin of 2.29% and a return on equity of 12.15%.

Village Super Market Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Thursday, April 3rd will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $1.00 dividend on an annualized basis and a yield of 2.85%. Village Super Market’s payout ratio is presently 27.47%.

Hedge Funds Weigh In On Village Super Market

Several large investors have recently bought and sold shares of VLGEA. Wilmington Savings Fund Society FSB acquired a new position in shares of Village Super Market in the third quarter valued at approximately $54,000. SBI Securities Co. Ltd. bought a new stake in Village Super Market during the 4th quarter worth approximately $78,000. GAMMA Investing LLC increased its position in Village Super Market by 8,860.7% in the 1st quarter. GAMMA Investing LLC now owns 2,509 shares of the company’s stock valued at $95,000 after acquiring an additional 2,481 shares during the period. SG Americas Securities LLC bought a new position in shares of Village Super Market during the fourth quarter valued at $118,000. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Village Super Market by 239.9% during the fourth quarter. BNP Paribas Financial Markets now owns 5,945 shares of the company’s stock worth $190,000 after purchasing an additional 4,196 shares during the period. 39.02% of the stock is currently owned by institutional investors.

Village Super Market Company Profile

Village Super Market, Inc operates a chain of supermarkets in the United States. The company offers grocery, meat, produce, dairy, deli, seafood, prepared foods, and bakery and frozen foods. It also provides non-food products, including health and beauty care, general merchandise, liquor, and pharmacy products through retail and online stores.